City Office REIT found using ticker (CIO) have now 6 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 18 and 14 and has a mean target at 15.17. With the stocks previous close at 11.59 this would imply there is a potential upside of 30.9%. There is a 50 day moving average of 12.63 and the 200 day moving average is 15.37. The market cap for the company is $483m. Visit the company website at: https://www.cityofficereit.com
The potential market cap would be $633m based on the market concensus.
City Office REIT (NYSE: CIO) invests in high-quality office properties in 18-hour cities with strong economic fundamentals, primarily in the Southern and Western United States. At September 30, 2020, CIO owned office complexes comprising 5.8 million square feet of net rentable area (NRA).
